Godrej Properties reported a 70% rise in fourth-quarter profit, pointing to resilient demand for residential apartments. The real estate developer said the steady housing market helped lift earnings despite ongoing sector uncertainties. Investors will now watch how sustained sales translate into future launches, pricing, and margins as the company moves into the next reporting period.
Mumbai’s property market hit a record-breaking April, with over 14,160 registrations and more than Rs 1,143 crore in stamp duty revenue. Registrations rose 8.2% year-on-year, while stamp duty collections grew 3.3%. Analysts say the numbers point to resilient end-user demand and a subtle shift in the transaction mix toward mid-ticket housing.
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Mahindra Lifespace Developers reported a 21% rise in sales bookings to Rs 3,405 crore last fiscal, driven by stronger demand for its residential projects. The company’s pre sales momentum suggests housing demand remains steady, supporting near term confidence as it moves into FY26 with a larger order book than before.
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